Last SR67.24 SAR
Change Today +0.57 / 0.85%
Volume 1.4M
As of 8:30 AM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

saudi telecom co (STC) Snapshot

Open
SR67.00
Previous Close
SR66.67
Day High
SR68.25
Day Low
SR66.50
52 Week High
10/28/14 - SR76.50
52 Week Low
12/16/14 - SR55.00
Market Cap
134.5B
Average Volume 10 Days
989.4K
EPS TTM
SR5.51
Shares Outstanding
2.0B
EX-Date
--
P/E TM
12.2x
Dividend
SR4.00
Dividend Yield
4.83%
Current Stock Chart for SAUDI TELECOM CO (STC)

Related News

No related news articles were found.

saudi telecom co (STC) Related Businessweek News

No Related Businessweek News Found

saudi telecom co (STC) Details

Saudi Telecom Company, together with its subsidiaries, provides telecommunications services in the Kingdom of Saudi Arabia and internationally. The company’s GSM segment offers mobile, third and fourth generation services, prepaid cards, international roaming, and messaging services. Its Landline segment provides fixed line, telephone cards, interconnect, and international call services. The company’s DATA segment offers leased data transmission circuits, DSL, and Internet services. It is also engaged in the operation of communications projects; transmission and processing of information; wholesale and retail trade of recharge card services, and telecommunication equipment and devices; provision of computer services; sale and re-sale of fixed and mobile telecommunication services; and maintenance and operation of commercial centers. In addition, the company operates and maintains telecommunication, computer systems’, and Internet networks; and operates, maintains, and installs systems, communications software, and information technology. Further, it provides mobile services, international telecommunications, broadband, and other related services in Bahrain, as well as operates in the fields of content services and digital media. The company was founded in 1998 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Founded in 1998

saudi telecom co (STC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

saudi telecom co (STC) Key Developments

Saudi Telecom Co Mulls Acquisition

Saudi Telecom Company (SASE:7010) is seeking acquisition. Abdulaziz Alsugair, Chairman of Saudi Telecom Co said, “Saudi Telecom Co plans to acquire companies to help expand data services in Saudi Arabia.” “The Riyadh-based company plans to partner with or acquire at least five information and communication technology firms in the kingdom or abroad”, Abdulaziz Alsugair said in an interview at the World Economic Forum in Davos on Wednesday. “Saudi Telecom Co has no plans to acquire other telecommunications companies,” Abdulaziz Alsugair said. "As for acquisitions, we will be proactive as it relates to the strategy to grow our ICT business both for commercial companies and government," Abdulaziz Alsugair said, declining to give details about possible targets. "We expect that by the end of this year we will be probably acquiring some companies in Saudi Arabia and maybe smaller companies outside," Abdulaziz Alsugair said.

The Saudi Telecom Company Appoints Khaled H. Biyari as CEO, Effective from April 27, 2015

The Saudi Telecom Company (STC) announced that its board of directors (BoD) has appointed Khaled H. Biyari as CEO of STC, effective from April 27, 2015. Biyari serves currently as the SVP for technology and operations at STC. Prior to joining STC, he served as the SVP and GM at Advanced Electronics Company (AEC).

Saudi Telecom Company Reports Earnings Results for the Fourth Quarter of 2014

Saudi Telecom Company reported earnings results for the fourth quarter of 2014. For the quarter, the company registered a 32.6% decreased in its net profit as gains on a property deal with the government failed to make up for higher expenses and losses on investments. During the fourth quarter of 2014, the company recorded a USD 649.8 million in net profit, declining from USD 963.67 million posted during the corresponding period in 2013, attributing the decline to a 19% rise in expenses. Revenue was USD 3.15 billion, thus decreasing by 5.2% during the cited period.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
STC:AB SR67.24 SAR +0.57

STC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Etihad Etisalat Co SR37.90 SAR -0.51
Mobile Telecommunications Co KSC 530.00 +10.00
View Industry Companies
 

Industry Analysis

STC

Industry Average

Valuation STC Industry Range
Price/Earnings 12.2x
Price/Sales 2.9x
Price/Book 2.2x
Price/Cash Flow 7.4x
TEV/Sales 2.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAUDI TELECOM CO, please visit www.stc.com.sa. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.